This is no more so than during a recession when the risks of losing sight of your cash and not taking the appropriate action are magnified. Businesses whose debtor days are increasing and working capital is getting tighter yet fail to keep a tight rein on credit control, payment terms and cash collection are most at risk.

Credit control doesn’t have to be the “sales prevention” department although there is often a fine line between maximising sales and taking a commercial view on credit risk.

As a leading provider of credit management training and consultancy solutions, utilising our expertise and experience we are pleased to be in a position to help you with a range of resources:

Manage late paying customers who are important to your business

Send collection letters and emails to outstanding accounts

Chase and collect payments by telephone

Provide you with recommendations when legal action becomes necessary

Update and reconcile your receivables ledger

Manage your month end procedures and statement runs

Review and, where necessary, recommend changes to your credit terms

Advise on your credit limits and how to limit your exposure

Carry out a Credit Management Health-Check

Train you and/or your employees in a range of Credit Management disciplines

Credit Control and Collections

If you would like to learn more about our Credit Control, Collections and Debt Mediation services please telephone +44(0)115 989 9997 or email steve@cmtltd.co.uk